SEC Form 4 · accession 0001209191-16-102813
CENTERPOINT ENERGY INC · CNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Milton Carroll
Officer — Executive Chairman · Director
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001130310
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 24, 2016 | A | 29,825 | $18.86 | A | 207,038 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Time-based restricted stock units vesting in February 2019 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date and on a pro-rata basis in the event of his earlier retirement, disability or death.
- F2Total includes (i) 15,190 time-based restricted stock units previously awarded under the Issuer's Long-term Incentive Plan ("LTIP") and vesting in February 2017 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date and on a pro-rata basis in the event of his earlier retirement, disability or death, (ii) 16,660 time-based restricted stock units previously awarded under the LTIP and vesting in February 2018 if the Reporting Person continues to be an employee of Issuer from the grant date through the vesting date and on a pro-rata basis in the event of his earlier retirement, disability or death, and (iii) 60,000 shares previously awarded under the LTIP and vesting in 30,000 share increments in each of June 2016 and June 2017 in connection with and contingent on his service as Executive Chairman of the Issuer on the respective vesting dates.